| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 13,000 | 13,000 |
| Person Name | Explanation |
|---|---|
| JOSEPH WILF | |
| ELIZABETH WILF | |
| LEONARD WILF | |
| ZYGMUNT WILF | |
| MARK WILF | |
| ORIN WILF | |
| JASON WILF | |
| JONATHAN WILF |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIP | 2008-01-01 | 30,708 | 30,708 | MACRS | 5.0000 |
| Employee | Explanation |
|---|---|
| MARY ELLEN LAWRENCE |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200000 DELPHI CORP 6 1/2 13 | 207,113 | 6,300 |
| 200000 TIME WARNER 6.95 28 | 198,891 | 254,602 |
| 200000 ALLY FINANCIAL 6 3/4 14 | ||
| 250000 ANADARKO PETROLEUM 5.95 16 | ||
| 250000 SUNOCO 5.75 17 | ||
| 250000 ALCOA 5.55 17 | ||
| 250000 PITNEY BOWES 4.75 18 | 263,188 | 267,865 |
| 250000 VIACOM 4.625 18 | ||
| 250000 POTASH CORP-SASKATCHEWAN 4.87 | 266,218 | 278,508 |
| 250000 ERP OPERATING 4.75 20 | 267,365 | 277,040 |
| 250000 L-3 COMMUNICATION 4.75 20 | 268,460 | 271,822 |
| 250000 JP MORGAN CHASE 4.4 20 | 261,168 | 270,995 |
| 250000 CREDIT SUISSE NEW YORK 4.375 | 261,128 | 273,430 |
| 250000 NEWELL RUBBERMAID 4.7 20 | 266,575 | 269,670 |
| 250000 ENTERGY 5.125 20 | 254,012 | 272,613 |
| 250000 CLIFFS NATURAL RESOURCES 4.8 | 259,505 | 211,250 |
| 250000 MATTEL 4.35 20 | 261,065 | 267,735 |
| 250000 CORN PRODUCTS INTERNATIONAL 4 | 262,505 | 267,745 |
| 250000 CANADIAN PACIFIC 4.45 23 | 260,823 | 275,070 |
| 250000 FRONTIER COMMUNICATIONS 6.625 | 265,625 | 254,350 |
| 250000 UNION PACIFIC 4 21 | 269,900 | 272,587 |
| 250000 METLIFE 4.75 21 | 270,612 | 277,420 |
| 250000 CVS COREMARK 4.125 21 | 263,875 | 271,502 |
| 250000 AETNA 4.125 21 | 268,428 | 268,823 |
| 250000 VORNADO REALTY TRUST 4.25 15 | 257,188 | 251,520 |
| 250000 ROYAL BANK OF SCOTLAND 5 13 | ||
| 250000 HUTCH WHAMPOA 6 49 | 260,375 | 259,650 |
| 500000 GE CAPITAL 6.375 67 | 520,000 | 531,560 |
| 250000 GOLDMAN SACHS GROUP 5.95 18 | ||
| 250000 AMGEN 4.1 21 | 270,400 | 264,633 |
| 250000 DOW CHEMICAL 4.125 21 | 268,000 | 264,780 |
| 250000 UNITED HEALTH GROUP 2.875 22 | 257,053 | 250,077 |
| 108982 JP MORGAN TRUST I FLOATING RA | 1,092,342 | 1,082,189 |
| 250000 MORGAN STANLEY FLOAT RATE 14 | ||
| 250000 ICHAN ENTERPRISES 7.75 16 | ||
| 250000 ARCELOMITTAL 3.75 16 | 237,500 | 254,845 |
| 250000 GOLDMAN SACHS CAPITAL II 5.79 | 173,750 | 192,343 |
| 250000 EMBRAER OVERSEAS 6.375 17 | 274,375 | 269,883 |
| 250000 KELLOGG 4 20 | 284,663 | 269,235 |
| 250000 WALMART 4.25 21 | 291,250 | 274,953 |
| 250000 GENERAL MILLS 3.15 21 | 261,693 | 254,960 |
| 250000 AT&T 3 22 | 262,585 | 247,170 |
| 250000 CATERPILLAR 2.6 22 | 258,330 | 244,720 |
| 250000 PACIFIC GAS & ELEC 2.45 22 | 253,740 | 239,513 |
| 250000 CLOROX 3.05 22 | 258,895 | 247,922 |
| 250000 GENERAL ELECTRIC 2.7 22 | 261,693 | 246,568 |
| 250000 APACHE CORP 2.625 23 | 249,921 | 237,792 |
| 250000 FEDEX 2.7 23 | 254,225 | 239,915 |
| 600000 BANK OF AMERICA 8.125 49 | 556,250 | 542,280 |
| 355000 JP MORGAN CHASE VAR. RATE | 355,000 | 353,292 |
| 65000 JP MORGAN CHASE 5.15 49 | 65,000 | 61,862 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 13373 AT&T | 67,294 | 465,913 |
| 8222 VERIZON COOMUNICATIONS | 116,304 | 413,156 |
| 591 CENTURY LINK | 19,805 | 24,515 |
| 503856 VORNADO REALTY TRUST | 11,783,044 | 54,917,155 |
| 10000 PUTNAM PREMIER INCOME TRUST | 100,002 | 54,000 |
| 4375 VODAPHONE | 12,286 | 79,263 |
| 22230 PNC FINANCIAL SERVICES | 837,605 | 1,920,450 |
| 3000 PUBLIC SERVICE ENTERPRISE GROUP | 39,064 | 123,930 |
| 521 WELLS FARGO | 99,157 | 27,660 |
| 8000 MERRILL LYNCH CAP TR IV 7.12 PF | 200,000 | 205,520 |
| 6723 BLACKROCK CORPORATE HIGH YIELD | 154,272 | 79,668 |
| 54458 IBM | 7,478,736 | 8,952,895 |
| 5192 FRONTIER COMMUNICATIONS | 54,118 | 33,956 |
| 10000 GENERAL MOTORS 7 1/4 PFD | 126,496 | |
| 10000 STERLING BANCORP TR I 8 3/8 PF | ||
| 5000 GENERAL MOTORS 7 1/4 PFD | 63,068 | |
| 8000 FIRST NIAGRA FINANCIAL GROUP | 80,000 | 59,920 |
| 5000 M S CAP TRUST III 6 1/4 PFD | 125,000 | 127,800 |
| 4507 COMCAST | 34,252 | 249,462 |
| 5000 GMAC 7 3/8 PFD | ||
| 5000 VORNADO REALTY TR SER G 6 5/8 P | 125,000 | 130,155 |
| 1000 LAZARD LTD | 25,000 | 49,210 |
| 161 PORTLAND GENERAL ELECTRIC | 5,862 | |
| 1264 ALCATEL LUCENT | 21,328 | 3,792 |
| 48880 NEW YORK COMMUNITY BANCORP | 529,500 | 779,636 |
| 2200 VANGUARD NATURAL RESOURCES | 55,300 | 54,560 |
| 6000 AMR CORP 7 7/8 PFD | ||
| 10000 GENERAL MOTORS 7 3/8 PFD | 126,496 | |
| 38000 GENERAL MOTORS 7 3/8 PFD | 480,687 | |
| 20000 GENERAL MOTORS 7 1/2 PFD | 252,993 | |
| 400 LUMBER LIQUIDATORS | 4,400 | 21,508 |
| 594 BOEING | 50,000 | 74,197 |
| 7307 CITIGROUP | 250,000 | 391,144 |
| 108124 JP MORGAN STRATEGIC INCOME OP | 1,247,932 | 1,275,861 |
| 52709 JP MORGAN SHORT DURATION BOND | 572,984 | 574,530 |
| 10000 VORNADO REALTY TRUST SERIES J | 250,000 | 270,000 |
| 1000 AVALON BAY COMMUNITIIES | 110,065 | 155,840 |
| 5000 GENERAL MOTORS CONV PFD B | ||
| 250000 JP MORGAN CHASE 7.9 PFD | 248,125 | 271,715 |
| 7959 GENERAL MOTORS WARRANTS-CL A | 303,725 | 172,472 |
| 7959 GENERAL MOTORS WARRANTS-CL B | 234,346 | 114,132 |
| 15628 GENERAL MOTORS | 698,431 | 490,719 |
| 20000 FIRST REPUBLIC BANK 6.7 PFD | 500,000 | 523,800 |
| 10000 FIRST REPUBLIC BANK 6.2 PFD | 250,000 | 252,500 |
| 20000 GOLDMAN SACHS GROUP 5.95 PFD | 500,000 | 481,000 |
| 2090 MOTORS LIQUIDATION TRUST | 25,260 | 48,279 |
| 4000 ANNALY CAPITAL MANAGEMENT 7.625 | 100,000 | 98,600 |
| 10000 CAPITAL ONE FINANCIAL 6 PFD | 249,500 | 249,500 |
| 9000 DDR CORP 6.5 PFD | 225,000 | 231,129 |
| 6000 FIRST REPUBLIC BANK 6.2 PFD | 150,000 | 151,500 |
| 750 WELLS FARGO 5.2 PFD | 18,750 | 17,422 |
| 250000 WELLS FARGO 7.98 PFD | 271,562 | 275,483 |
| 20000 CITIGROUP SER J 7.125 PFD | 500,000 | 541,200 |
| 8000 FIRST REPUBLIC BANK 5.5 PFD | 200,000 | 182,010 |
| 10000 VORNADO REALTY TRUST 5.4 PFD | 250,000 | 237,500 |
| 20000 WELLS FARGO 5.85 PFD | 500,000 | 519,200 |
| 5000 CITIGROUP 7.125 PFD | 125,000 | 135,300 |
| 13000 WELLS FARGO 5.85 PFD | 325,000 | 337,480 |
| 18000 WELLS FARGO 5.25 PFD | 450,000 | 426,960 |
| 1348 GOLDMAN SACH STRAT INCOME TRUST | 142,195 | 141,321 |
| 9906 HSBC TOTAL RETURN FUNDS | 101,503 | 102,820 |
| 14319 PIMCO UNCONSTRAINED BOND FUND | ||
| 1277 PRUDENTIAL INVESTMENT PORTFOLIO | 127,076 | 125,592 |
| 7000 DOUBLE LINE TOTAL RETURN FUND | 78,542 | 76,788 |
| 5683 EATON VANCE FLOATING RATE FUND | 52,195 | 51,207 |
| 12707 JPM STRAT INCOME OPP FUND | ||
| 5601 JPM MLT SECURED INCOME FUND | 57,490 | 57,301 |
| 14805 RBC FUNDS TRUST | 149,376 | 153,227 |
| 10000 BANK OF AMERICA 6.625 PFD | 250,000 | 252,900 |
| 10000 JP MORGAN 6.7 PFD | 250,000 | 257,300 |
| 10000 JP MORGAN 6.3 PFD | 250,000 | 249,600 |
| 20000 REGIONS FINANCIAL BAR. PFD | 500,000 | 512,000 |
| JPM GLOBAL BOND OPPORTUNITY FUND | 101,911 | 102,895 |
| 1371 COLUMBIA CONVERIBLE SECURITIES | 25,449 | 26,464 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISRAEL BONDS | AT COST | 1,589,770 | 1,739,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN TO J.E.C. AT 0% INTEREST | 100,000 | ||
| LOAN TO ZSM WILF FOUNDATION |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE | 16,247 | 16,247 | ||
| INSURANCE | 8,021 | 8,021 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 210,000 | 210,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 99,300 |